Ethereum has recently witnessed a notable development with the unveiling of its 2024 roadmap by co-founder Vitalik Buterin. Released in a series of informative posts on December 30, the roadmap has stirred the market, giving a promising trajectory for Ethereum’s value. Ethereum (ETH)price stands at $2,281, with a slight 0.41% dip in the last 24 hours.
By popular demand, an updated roadmap diagram for 2023! pic.twitter.com/oxo58A2KuG
— vitalik.eth (@VitalikButerin) December 30, 2023
Central to Ethereum’s strategy is ‘The Merge,’ a landmark shift to a proof-of-stake (PoS) consensus mechanism, first implemented in 2022. This transformative change marked Ethereum’s shift from the energy-intensive proof-of-work model, showering a new era of efficiency and sustainability for the network. The Merge has been instrumental in Ethereum’s progressive journey, significantly reducing its energy consumption and setting the stage for future innovations.
Innovations and Market Respons
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